Spring storm brings rain and wind Tuesday into Wednesday

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      WASHINGTON (AP) - Mortgage rates fell to the lowest level in
decades for the eighth time in nine weeks, a sign that investors
are concerned about the weak economy.

      Mortgage buyer Freddie Mac says the average rate for 30-year
fixed loans this week was 4.42 percent, down from 4.44 percent last
week. That's the lowest since Freddie Mac began tracking rates in
1971.

      The average rate on 15-year fixed loans dropped to 3.9 percent,
down from 3.92 percent last week and the lowest on records dating
back to 1991.

      Rates have fallen since spring as investors sought the safety of
Treasury bonds, lowering their yield. Mortgage rates tend to track
those yields.

Mortgage rates fell to the lowest level in
decades for the eighth time in nine weeks, a sign that investors
are concerned about the weak economy.

Average mortgage rates hit low of 4.42 percent

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